CoinDash (CDT) Analysis: A Pre-Breakout Setup in Progress!
SUMMARY
NOTE: Racist cartoons and insults are now being put up on the blog comments as attempts to further debunk and discourage my posts. Such actions should not be tolerated and strongly sanctioned by the Steemit community. How low will these haters stoop?
CoinDash (CDT) is at a pre-breakout stage as its readying for the correction to complete. The Cup & Handle pattern could have a bit more symmetry but the pattern is quite uncanny, regardless. The handle formation is coinciding with wave 2 and the retracement is expected to be 78% per Fibonacci. The square root of 0.78 is 0.866; so that makes 86.6% the next Fib level should the 0.78 not hold.
The close up of the handle formation provides more details on the subwaves of the current handle correction. The waves 1 and 2 are complete and 3 is almost. That leaves 4 and 5 to complete.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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If people don't like the posts, its simple go elsewhere!
No room for racism or hatred, too much in the world already!
Lets keep Haejins blog going, keep upvoting and supporting!
'Go elsewhere'
I always see the same response from to his followers. Just put your hands over your ears and block your eyes like a child instead of listening to the criticism. A cult mentality in this group. Do you ever stop to think as to WHY he has so many haters?
Because they blame him for a market correction, its that simple.
Plus racism and hatred has nothing to do with trading.
WE are still responsible for our trading and investment actions, I cant blame Haejin or anyone else, WE still have our own due diligence to carry out.
Yes fuck the racists, but he is being very sneaky in the way he only claims his successful predictions. It gives him the appearance of a analyst who is largely correct which he is NOT. That's why he has a wave of anger coming for him. He has mislead people.
"It gives him the appearance of a analyst who is largely correct which he is NOT."
In that case, I'm sure you can quickly provide the proof that he is not largely correct.
Bueller? Bueller?
Try checking his results:
https://busy.org/@truthtrader/haejin-6-months-accuracy-rating-day-17-1-day-16-accuracy-12-10
Are you serious? Click onto every post he has made this month and put it against a chart. Every single one has fallen by a MINIMUM of 50%. Or if you can't be fucked, look at his BTC prediction, 300% wrong!!
Now it's fine if he is wrong, but when he is luring in amateurs with his '800% profit' statements and using ONLY his correct predictions as his testimony of trust, then that my friend is the action of a snake.
IF you actually listened to the videos you would clearly know that he states on numerous occasions that the price points he's talking about are just that the next major milestone for price. He, and neither do you, has no control over when or how that price point happens. I'd be willing to bet that those price points happen within the coming month. 2 months of waiting for a price prediction to come true is fairly reasonable. You are sound like the kind of person that holds everyone else accountable for something you did or didn't do. He gave you his opinion, you have no opinion other than one of pointing out something that is wrong....and only wrong now. You also strike me as the kind of person that hasn't read the books or looked further than his price predictions. So he is attempting to give you tools, and show you that if you learn it you can make money. He's not in charge of telling you when you get out of the market....hence the whole spill everyone puts at the end of their blog. The only reason you're here is because he was right at an exponentially higher rate than not and therefore gained tons of visibility. He wouldn't have been resteemed if people didn't make money from his post or opinions.
Well my friend if you have put in an effort to look at one month old posts why don't you take some extra effort to look at his older posts. I am sure you will find many hits.
And haejin always said that the price path way can be plotted but we can't predict the time.
So why don't you wait and see. Some predictions may take a long time to hit.
And the newbies, whom you are trying to represent here I hope they read his disclaimer at the end of his every post.
If you and your newbies are here for free money then better start researching before throwing money at every TA and don't shit if it goes wrong.
I agree people should do their own research.
But predicting big gains in a bullish market does not make someone an expert, but he did provide solid TA on most things, which i even up voted him for.
Predicting huge gains in alt coins when his own BTC TA suggests the market is going down hill is scamming people for votes.
But even after a bunch of people replied to his BCC suggestion and told them it was a terrible analysis because it is a scam coin. people still rallied behind him and flagged people that disagreed. well go check how well that is doing.
Very sneaky or a normal human being? All his posts are on the blockchain to be analysed at will... When someone collates some in depth research into his accuracy they will have more of a right to make accusations. Until then I believe all these words are hearsay fueled by rumour and jealousy.
Thanks for being the obvious voice of reason.
All analysts emphasize their hits and avoid their misses. Derp.
I've started to increasingly mute people on this network, works well for me. There's obviously lots who either literally shitpost or are serious shills, or just aren't intelligent enough to be taken seriously.
I've been critical about Haejin from the start because I generally don't have much trust in humans as such, especially if something looks to good to be true - but I really can't fault much of his analysis.
Should he be a complete fraud and audacious amateur, then he certainly is a genius level one ;)
All this 'critique' is about envy and/or working off disappointment, a waste of time.
here it is:
https://busy.org/@truthtrader/haejin-6-months-accuracy-rating-day-17-1-day-16-accuracy-12-10
His posts say not advice for entertainment only 😂👍
Haejin is the coin visionary here - that's just what he does, he shows a coin's TA possibility and warns that there will be corrections and that the time factor is uncalculable.
Given these limitations, his posts are orientational, highly interesting, and motivate people in a positive way. If they had some discipline, heavy retracements like the one we are watching would not be happening at all. Do you understand this ?
Fear and loathing make them happen.
TA tries to consider human psychology, but sometimes it sort of jumps the limits and goes overboard, human psychology has always been the most destructive factor on this planet and will eventually make survival impossible without discipline.
what a visionary..
https://busy.org/@truthtrader/haejin-6-months-accuracy-rating-day-17-1-day-16-accuracy-12-10
How about you putting your money where your mouth is and make the call on some coins
I don't do that because I don't PRETEND to know about coins futures. I would NEVER make claims such as '900% gain for RDD' and sililar predictions.
Now it's fine that he was wrong, but he doesn't claim to be wrong, he just pushes his predictions to a later date and his followers lose more money.
This is a problem because he ONLY claims his correct predictions, therefore gullible noobs think he is almost always correct. THAT is how people get sucked in. THAT is the scam. THAT is why people hate.
What the fark are you here for then??
he could be reading TA and putting in his input. doesnt mean he needs to start a blog. dozens of people have said negative things about haejin, some of which is warranted, some not. But when people are giving good counter points, his followers just attack them.
what is the point of a discussion if everyone is on one side?
and i am sorry, anyone could predict gains when the entire market is extremely bullish.
But when the market changes, like the last couple weeks, his predictions have been terrible. It would be fine if he just made the wrong call, but his BTC TA suggested BTC would drop. So this contradicts his alt suggestions. if alts are heavily influenced by BTC, and you think BTC is dropping like a bag of dirt, why suggest alts?
Even BCC suggestion, that blog should have been deleted ASAP
It's the internet idiot. People have open conversations. That's what im doing here.
RDD is going so down and the patterns are so obvious that within a year it will eventually be at least a 900% ...
Oh really? Then why not include the down trend in his analagy? Why not mention to buy it at the current price rather than the price of two weeks ago? Could have made 1800% profit with that information... guess the triangles didn't show that small part of the prediction.
some of his followers and defenders are his team mates... they gets paid from haejin :)
I sometimes defend him when incorrect statements are made and I'm absolutly not paid for anything ...
What I would like is a post that is not hide and where comments are useful ... Like other TA, technical questions, something that make people learn something.
You can criticize haejin, but please criticize his TA by another TA or at least by some fundamentals, not just 'he's wrong ! the coin did'nt make 100,000,000 % in 5 min after his posts !!'
well, his predictions didnt come out after a realy long time...
https://busy.org/@truthtrader/haejin-6-months-accuracy-rating-day-17-1-day-16-accuracy-12-10
Yes, we get paid but only in the form of his knowledge and we are very happy for that.
It might be possible @haejin ment one of my cartoons. If so I hope Haejin accepts my appologies. They were never ment as discrimination. They were ment to be a joke. It's not in my nature to judge someone to the colour of his skin or his or hers seccual preferences. In my memory I only placed it one time and already have it replaced with the folowing message.
@kimjongpoo is coming for you!! Ignorant master will never reply to a petty fool like you!
@kimjongpoo is coming for you!! Ignorant master will never reply to a petty fool like you!
@kimjongpoo is coming for you!! Ignorant master will never reply to a petty fool like you!
@kimjongpoo is coming for you!! Ignorant master will never reply to a petty fool like you!
@kimjongpoo is coming for you!! Ignorant master will never reply to a petty fool like you!
@kimjongpoo is coming for you!! Ignorant master will never reply to a petty fool like you!
@kimjongpoo is coming for you!! Ignorant master will never reply to a petty fool like you!
@kimjongpoo is coming for you!! Ignorant master will never reply to a petty fool like you!
Maybe you should start thinking and not fall for his gambles. Look at his upvotes. The same whales on every single post, making all his posts trending, causing mainstream attention and a ton of undeserved upvotes because people see "he already has a lot of upvotes, so this must be a good post, I'll upvote too then". But in reality he is spreading lies and BS, raping the whole cryptocurrency community on steemit, because maybe you don't know this but there is a limited reward pool, and if he comes in every 2 hours with a new post that's only 10 lines long with some "TA" in it, getting a sht load of upvotes on it, then what's left for the other small accounts, trying to start out on steemit?? Nothing. You can put hours of work in your post, doesn't matter, it will never get trending or get the deserved rewards because of this greedy piece of sht. All he cares about is money, his TA is garbage, but inexperienced people fall for it because they know very little about TA and this has a lot of upvotes so this must be credible and true. Whilst it's not, it's a gamble and total garbage. Start flagging and stop upvoting. Look at his previous posts don't you see that he just gambles based on where the market is going?? When the market was growing all his TA indicated "craaazy price surges", did any of those posts indicate the huge market dip we are in rn? No, but now that the market is dipping look, now coins are predicted to go down more by his "TA" aka GAMBLES. He is abusing your inexperience and everyone is falling for it except the "haters" who are basically the only people that see through his BS.
People chose to take his predictions and up vote because they are happy. If his predictions were erroneous his rewards would decline. Also he did call for a correction. Few saw the massive downturn but maybe that's fundamentals winning over TA? The one thing I agree with you about, is people up voting just because they think the post is popular and that's a long term problem of steemit that needs to be rectified at source. There is zero need for downvotes, positive voting for Content you like has precisely the same effect on reward pool. However all of you lot fighting can't see the wood for the trees in my opinion. Those who live by the sword will die by the sword and those who believe in down voting will suffer it.
Actually, I've always seen Haejin's posts with wary eyes but on the whole found them beneficial.
Even if they were complete TA BS, which they are not, they would still be beneficial for the crypto market and the investors here - but I'm from marketing and see things differently from average people... as this market booms and suffers with the psychology of the people, Haejin is obviously a highly positive element in the game.
The argument abut the steemit rewards is of course a valid one, but an entirely different matter.
they are still BS
https://busy.org/@truthtrader/haejin-6-months-accuracy-rating-day-17-1-day-16-accuracy-12-10
actually he was saying last few weeks that everyone else was calling for correction and he said the opposite and expected it to go higher . the daily post is a bit overkill - the correction if you follow Elliot was called few weeks back by many elliotitions
Social retards don't like competition. Why should articles be measured in the amount of time put into it - a very neo marxist idea. People like what he has to write. Just because someone took 12 hours to write a boring article does not mean I should read it based on the time spent to produce it. Popular people always seem to attract social retards and misfits like moths to a flame.
" Why should articles be measured in the amount of time put into it - a very neo marxist idea. "
QF(extreme)T
I am one who have learned a lot from Haejin, I even draw the Bitcoin fall to $9k end of 2017 doing just the little I have learned, timing is not:
Now I agree he may get too much of the pool though, leaving pennies for us, but hate and evil is not the way to solve anything.
Better off if we all start thinking, don't upvote every post a person do, but also start exploring the steemit community and diversify. Spread your upvotes to encourage more great content and bring those hidden jewels you find out in the light, upvote them and resteem or comment as fits.
This is a failure of the system, not a Haejin's issue. If you think you will get rich off Steemit, it is time to move on. Steemit belongs to the whales and the bots. This will only get worse. My advice: never power up, save your money for something useful. This also means it will not matter if you are targeted by the army of bots since you have nothing to lose. Come here for some entertainment and leave it at that.
"Steemit belongs to the whales and the bots."
Quite literally, in fact. This is how DPOS works.
DPOS + Bullshit Premine = Platform ruled by abusers like Bernie and Transisto.
Never powered up yet - entirely agree. I'm waiting for new networks to pop up or older ones to integrate more crypto... minds.com will these next weeks.
It basically has more potential than steemit because it attracted lots of prominent youtubers and facebook emigrees, and it's being moderated towards free speech. You can see how having to moderate for free speech can actually be a sensible thing ;)
exactly ... u get a vote from me for your post :)
@haejin, thanks for the update.
Hi All, If you want to hide the offensive cartoon, you can click on that username's name, then click Mute.
Only problem with that is that it doesn't go away, you just don't see it.
Thank you!
First time I've had to use the Mute button, thanks for the reminder!
@kimjongpoo is coming for you!! Ignorant master will never reply to a petty fool like you!
I just wrote a post about the racist, abusive spam that's been inundating these threads. I'd appreciate a resteem/upvote before I'm flagged and downvoted into oblivion by the usual suspects. Thanks in advance!
https://steemit.com/abuse/@sc0ut/after-a-brief-reprieve-we-re-back-to-your-regularly-scheduled-steemit-abuse
You seem like a well-meaning individual.
I recommend you stay out of this dumpster fire and focus on your own content production.
To be honest, I am not putting a lot of effort into creating content for steemit right now because I'm not convinced that the platform is functional enough to survive in the long term until it addresses voting/flagging abuse in some manner. I'm not suggesting that users should be banned, but changes need to be made to the reward structure to prevent a single user from nullifying the opinions of hundreds of users.
Why create content when some whale will effectively censor every post you make and destroy any chance of getting rewards for content production to prevent you from detracting from their own bottom line?
If I see some positive changes in this direction, I will definitely create content. Right now, it doesn't seem like the community values new users enough to care about their content or even whether they have a voice.
@kimjongpoo is coming for you!! Ignorant master will never reply to a petty fool like you!
Oh boy... I love being here and looking at Haejin technical analysis and other members' coin remarks, and at times I run into the comments about the conflict too. And maybe cause I am new here and I am so called outsider, I think I can clearly see the dilemma.
Since Steemit is a free, decentralized blockchain platform, it shouldn't be controlled by specific individuals and limited by too many regulations, but members here, especially the good, wise, top members, should be able to control and limit themselves. If you @Haejin post here daily 1 or two articles, the issue would very likely completely disappear.
You could choose for your posts 1 or 2 of the most striking charts, or you could look for familiarity in pattern and pile those alike together.
@haejin, why do you insist on posting so many times daily?
Yes, I know, your followers do not have to upvote every one of your posts, but they will, it is up to you to solve this problem,
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@Haejin, while writing my "wise" comment, I haven't had enough knowledge about the issue; now I have.
I spent some time looking at all those flags and rude, often filthy comments. I even got my own portion of first downvotes:
I looked at those people accounts and wallets... and I am disgusted... How this is even possible, how such types can hold a position of Steemit witnesses, have multiple accounts, make their own rules and keep on bullying members while playing their dirty games.
I read some pure nonsense judgments about you and your followers, and yes, I am your follower and I am on your side of the fence here on Steemit. Just wanted you and others here to know that!
this poo definitely stinky! smell that? its bullshit.
and he only votes on himself!! not you ignorant followers!!
haejin TA is like this pile of poo!!
and he only votes on himself!! not you ignorant followers!!
haejin TA is like this pile of poo!!
and he only votes on himself!! not you ignorant followers!!
Please report "THAT" user:
https://steemit.com/utopian-io/@littleboy/how-to-report-steem-abuse-to-steemcleaners
this poo definitely stinky! smell that? its bullshit.
and he only votes on himself!! not you ignorant followers!!
haejin TA is like this pile of poo!!
and he only votes on himself!! not you ignorant followers!!
haejin TA is like this pile of poo!!
and he only votes on himself!! not you ignorant followers!!
haejin TA is like this pile of poo!!
Everyone does realise there’s so much confirmation bias dont they? If he keeps calling for coins to go up from points where they’re obviously low and in correction, they will eventually go up because there’s nowhere left for it to drop. I can just repeatedly call for coins to go up and ill be right because eventually they will - days, weeks, months, years down the track they will.
But no one mentions it or calls him out when it goes the opposite way of his calls. They just say “Oh yeah, it’s all just part of the correction - he doesn’t have a crystal ball you know”. But then when it goes up - “he’s a genius!”
Where was his call that we were at the terminal end of a wave 5 with nearly all the altcoins and it was time to bail? He often says that best time to sell is terminal end of wave 5. If he’s such a master of TA why couldnt he see the obvious snowball rolling down the hill towards us?
Either, 1. His TA is really not that great. 2. He’s playing us all for fools. 3. He’s just stabbing in the dark in a bull market.
Dude..you obviously weren't here months ago when everyone was laughing at his calls on coins that were called dead and will never come back again...it was either coin supply-the dev team-FUD..you name it..but he stayed with his analysis and it paid off...watch and learn
yeah.. watch and learn...
https://busy.org/@truthtrader/haejin-6-months-accuracy-rating-day-17-1-day-16-accuracy-12-10
Yeah, but the prices of those coins were also dead low. Only place to go was up.
What I’m saying is if he made those calls and they didn’t eventuate no one would be bringing it up. Everyone would just forget. But when they do hit, it makes him look like a genius. And he would make it known with his KABOOM posts. Where are the posts for his revised counts when his previous counts have blatantly been invalidated according to elliot.
Calls go both ways. You’re only a boss if you can call it both ways.
Clearly, his calls were the exact opposite of how the market went recently. Like dead opposite. But let’s just close our eyes to that and only make a noise and pat everyone on the back when his calls are correct.
That’s the definition of confirmation bias. Call a wolf a wolf and a sheep a sheep.
Go a few months back and EDUCATE YOURSELVES, he has made many calls up and down, Haejin called the correction in September which most laughed at.... He was spot on.
Stop following blindly and actually educate yourselves by going back a few months and learning.
Then move on to someone you enjoy following
That's not the issue.
As you have all the answers, you make the calls
You're EXACTLY right. Watch as this blog unfolds, he will claim the ones that he predicted to go up and forget the ones that sunk. His analysis is driven by self profit and not by science and logic.
@kimjongpoo is coming for you!! Ignorant master will never reply to a petty fool like you!
You must have lost lots of money... too lazy to do your own DD! No Lambos for you!
https://www.tradingview.com/chart/BTCUSD/0JqCEc4z-BTCUSD-Possible-Correction-Scenario/
I totally nailed the bitcoin correction.
Please check my tradingview and steemit blog.
Yes! haejin is doing us all a favor and people should be respectful. You guys should also look at this, it will give you a little insight of the trend bitcoin is following!! Cheers!!
@kimjongpoo is coming for you!! Ignorant master will never reply to a petty fool like you!
If you don't have haters, then you are not having success. @haejin has been the best teacher for so many of us. And out of those people, many have made money off of his predictions. I have never, in my time following Haejin, heard him guarantee anything to anyone. Rather, he provides detailed TA's and constantly gives his time up to help more people. So if you are one of his haters and you feel the need to bring down people to make yourself feel better, then you are part of the reason so much of our society is messed up. Stop drinking poison and hoping other people will get sick. You are the problem, not Haejin! I haven't seen you post anything positive or help anyone get better in their investment portfolio.